We are cognizant that the strength of the ‘waterfall model’, the traditional Project Management approach is based on Scope, Schedule and Cost baselines defined to a good extent. Milestones, phase exit criteria, go-no-go decision and associated deliverables are defined which increases the probability of meeting stakeholder needs. At the same time, there are some drawbacks like ‘limited interaction with end-users (initial stage & deliverable stage), difficult to manage changing requirements of end-users and phase-based dependency on skilled resources’, etc. Projects having “unclear, inexplicit scope, constraints over resource availability and aggressive schedules, etc.” were on the rise which resulted in elevating the risks about product or services putting in practice. In…
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PMP® Certification Exam Changes: PMI® Update
PMP® Certification Exam – Insights on what has changed and how to cope with the changes. Did you hear the latest PMI® news? If you have and can’t make up your mind on whether it is good or bad, we’re here to help you decide! As you know, PMP® Certification is one of the most renowned and accredited credentials in the world. Total preparations towards this certification educate on the globally implemented and widely accepted successful Project Management practices to help make the most well-informed decisions heading or managing projects. PMP® Certification Training surely is a reassuring one that improves your project management skills and the reach of your profile…
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High-level analysis of “Debacle & possible revival” of BSNL (PSU)
“Debacle & Revival of BSNL” In fast-developing countries like India, it is always a challenge to run Public Sector Units (PSU) in profit consistently on a longer run. They are more efficient and have better productivity metrics in the initial stages. But unfortunately, it is found that usually, things don’t remain the same after a certain span of operation. There are multiple reasons behind these type of typical debacles such as – 1. Failure in planning and implementing organizational change management processes. It is recommended by project management best practices that, when the organization reaches a certain level (extreme change) of revenue generation by capturing a noticeable market share, it must…
